830 Clover RdSpencerWV25276
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Spencer at 830 Clover Rd, Spencer, WV, 25276 generates $896/mo in rent and, after a $734/mo payment, leaves $28/mo in cash flow. Total monthly income is $896/mo, and annual cash flow is $340/yr on $49,692 invested. Return on cash invested sits at 20.59% in year one, and rental yield is 7.17% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 106.03% and total cumulative return in cash sums $52,691. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $896/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25276, Spencer, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,565 (100%) |
| Owner Occupied HU | 2,068 (58.0%) |
| Renter Occupied HU | 913 (25.6%) |
| Vacant Housing Units | 584 (16.4%) |
| Median Home Value | $138,060 |
| Average Home Value | $205,079 |
Housing Distribution
Address Breakdown
Residential
3,322
Single Family
3,229
Multi-Family
93
Businesses
295
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Listed by: David Greenlee • Old Fences Realty INC
Mls Name: My State MLS
Mls ID: #11468885